RTO Karachi launches crackdown against tax evaders in car sale, purchase business

RTO Karachi launches crackdown against tax evaders in car sale, purchase business

KARACHI: Regional Tax Office (RTO)-II Karachi has launched crackdown against tax evaders engaged in business of car sale, purchase and service.

The Broadening of Tax Base (BTB) Zone of RTO-II Karachi has launched action against tax evaders in automobile industry including persons own automobile showrooms, auto parts dealers, sellers, automobile workshops, car service center, sources said on Saturday.

The sources said that the BTB zone conducted field survey and collected information from various survey already conducted. It was discovered that automobile showrooms, auto part dealers, sellers, automobile workshops and car service center having booming business activities but large number of them are not registered or not filing their tax returns.

The BTB unit issued notices to 312 automobile showrooms, auto parts dealers, sellers automobile workshops and car service centers doing business activity in the various areas of Karachi and they are not on tax net.

Notices under Section 176 of the Income Tax Ordinance, 2001 have been issued to bring them into the tax net.